NYSE:WPM

Wheaton Precious Metals - WPM Stock Forecast, Price & News

$48.38

+0.26 (+0.54%)

(As of 03/30/2023 12:58 PM ET)

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Today's Range: $47.74
▼
$48.50
50-Day Range: $38.72
▼
$48.12
52-Week Range: $28.62
▼
$51.90

Volume: 1.07 million shs
Average Volume: 2.49 million shs
Market Capitalization: $21.88 billion

P/E Ratio: 32.69
Dividend Yield: 1.24%
Price Target: $54.38

Institutional Ownership

Wheaton Precious Metals MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 13.5% Upside
$54.38 Price Target
Short Interest: Bearish
3.23% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.48
Upright™ Environmental Score
News Sentiment: 1.68
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.95%
From $1.18 to $1.38 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Basic Materials Sector

96th out of 162 stocks

Gold & Silver Ores Industry

16th out of 33 stocks

2.4

Analyst's Opinion

Consensus Rating
Wheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $54.38, Wheaton Precious Metals has a forecasted upside of 13.5% from its current price of $47.91.
Amount of Analyst Coverage
Wheaton Precious Metals has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.23% of the float of Wheaton Precious Metals has been sold short.
Short Interest Ratio / Days to Cover
Wheaton Precious Metals has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in Wheaton Precious Metals has recently increased by 8.99%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Wheaton Precious Metals pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wheaton Precious Metals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Wheaton Precious Metals is 40.54%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Wheaton Precious Metals will have a dividend payout ratio of 43.48% next year. This indicates that Wheaton Precious Metals will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wheaton Precious Metals has received a -134.06% net impact score from Upright. The largest negative impact of Wheaton Precious Metals in category "GHG emissions" seems to be driven mostly by its "Mutual funds investing in gold", "Mutual funds investing in silver", and "Mutual funds investing in cobalt" products. See details.
Environmental Sustainability
The Environmental Impact score for Wheaton Precious Metals is -3.48.

3.7

News and Social Media Coverage

News Sentiment
Wheaton Precious Metals has a news sentiment score of 1.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Wheaton Precious Metals this week, compared to 1 article on an average week.
Search Interest
55 people have searched for WPM on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Wheaton Precious Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wheaton Precious Metals insiders have not sold or bought any company stock.
Percentage Held by Institutions
57.01% of the stock of Wheaton Precious Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Wheaton Precious Metals are expected to grow by 16.95% in the coming year, from $1.18 to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wheaton Precious Metals is 32.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wheaton Precious Metals is 32.37, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.08.
Price to Earnings Growth Ratio
Wheaton Precious Metals has a PEG Ratio of 7.98. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Wheaton Precious Metals has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wheaton Precious Metals (NYSE:WPM) Stock

Wheaton Precious Metals Corp. is a mining company engages in the sale of precious metals and cobalt production. It operates through the following business segments: Gold, Silver, Palladium, Cobalt, and Other. The company was founded by Peter Derek Barnes on December 17, 2004 and is headquartered in Vancouver, Canada.

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WPM Stock News Headlines

March 21, 2023 | marketbeat.com

These 3 Stocks Are Ready To Rally Out Of Bullish Bases (WPM)

SAP, Wheaton Precious Metals, and Churchill Downs are three stocks from very different industries, but all are near breakout points from recent pullbacks.

March 15, 2023 | marketbeat.com

Do Bank Failures Mean It's Time To Invest In Precious Metals? (WPM)

As markets reacted to bank failures, precious metals went into rally mode. Metals ETFs were both higher, along with some institutional-quality metals stocks.

March 30, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 29, 2023 | americanbankingnews.com

Analysts Issue Forecasts for Wheaton Precious Metals Corp.'s FY2025 Earnings (NYSE:WPM)

March 21, 2023 | americanbankingnews.com

Wheaton Precious Metals Corp. (NYSE:WPM) Receives $54.38 Consensus Price Target from Analysts

March 14, 2023 | seekingalpha.com

Wheaton Precious Metals: Strong Growth On Deck

March 12, 2023 | msn.com

Wheaton Precious Metals (WPM) Declares $0.15 Dividend

March 10, 2023 | nasdaq.com

Wheaton Precious Metals Shares Up 6%; Declares Quarterly Cash Dividend

March 30, 2023 | Stansberry Research (Ad)

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March 10, 2023 | finance.yahoo.com

Wheaton (WPM) Q4 Earnings & Sales Lag Estimates, Decline Y/Y

March 9, 2023 | msn.com

Wheaton Precious Metals Non-GAAP EPS of $0.23 misses by $0.02, revenue of $236.05M misses by $5.65M

March 9, 2023 | finance.yahoo.com

Wheaton Precious Metals Generates Strong Cash Operating Margins in 2022

March 3, 2023 | finance.yahoo.com

Stock Market Investing Action Plan: From Powell To Payrolls, A Busy Week

February 27, 2023 | finance.yahoo.com

Wheaton Precious Metals' (TSE:WPM) earnings growth rate lags the 19% CAGR delivered to shareholders

February 8, 2023 | finance.yahoo.com

SSRM vs. WPM: Which Stock Is the Better Value Option?

January 25, 2023 | finance.yahoo.com

Wheaton Precious Metals Corp. (WPM) Gains As Market Dips: What You Should Know

January 3, 2023 | finance.yahoo.com

Volatile Start to 2023: Here's What to Expect

November 13, 2022 | finance.yahoo.com

Why You Might Be Interested In Wheaton Precious Metals Corp. (TSE:WPM) For Its Upcoming Dividend

October 20, 2022 | finance.yahoo.com

11 Best Metal Stocks to Invest In

September 26, 2022 | nasdaq.com

Wheaton Precious Metals Corp is Now Oversold (WPM)

September 15, 2022 | finance.yahoo.com

Silver is outperforming gold this month, and that’s just the start

September 10, 2022 | finance.yahoo.com

‘Millions will be wiped out’: Robert Kiyosaki says that the big crash he predicted is here. But right now could also be the perfect time to 'get richer' — here's how

September 1, 2022 | nasdaq.com

Wheaton Precious Metals Corp Shares Fall 2.1% Below Previous 52-Week Low - Market Mover

August 20, 2022 | lse.co.uk

Wheaton Precious Metals terminates silver stream at Yauliyacu mine

August 12, 2022 | fool.com

Wheaton Precious Metals Corp. (WPM) Q2 2022 Earnings Call Transcript

July 11, 2022 | finance.yahoo.com

WHEATON PRECIOUS METALS TO RELEASE 2022 SECOND QUARTER RESULTS ON AUGUST 11, 2022

June 15, 2022 | finance.yahoo.com

Wheaton Precious Metals Corp. (TSE:WPM) Shares Could Be 24% Below Their Intrinsic Value Estimate

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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WPM Company Calendar

Last Earnings: 3/10/2023
Ex-Dividend for 4/6 Dividend: 3/23/2023
Today: 3/30/2023
Dividend Payable: 4/06/2023
Next Earnings (Estimated): 5/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:WPM
CUSIP: N/A
CIK: 1323404
Web: www.wheatonpm.com
Phone: (604) 684-9648
Fax: 604-684-3123
Employees: 44
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $54.38
High Stock Price Forecast: $68.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +13.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.48
Trailing P/E Ratio: 32.51
Forward P/E Ratio: 40.78
P/E Growth: 7.98
Net Income: $669.13 million
Net Margins: 62.83%
Pretax Margin: 62.87%
Return on Equity: 7.76%
Return on Assets: 7.69%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 23.44
Quick Ratio: 23.10

Sales & Book Value

Annual Sales: $1.07 billion
Price / Sales: 20.44
Cash Flow: $1.67 per share
Price / Cash Flow: 28.76
Book Value: $14.86 per share
Price / Book: 3.24

Miscellaneous

Outstanding Shares: 452,320,000
Free Float: N/A
Market Cap: $21.77 billion
Optionable: Optionable
Beta: 0.55

Key Executives

Randy Vernon Joseph Smallwood
President, CEO & Non-Independent Director

Gary Duncan Brown
Chief Financial & Accounting Officer, Senior VP

Neil R. Burns
Vice President-Technical Services

Haytham Henry Hodaly
Senior Vice President-Corporate Development

Ryan Ulansky
Senior Director-Engineering

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

WPM Stock - Frequently Asked Questions

Should I buy or sell Wheaton Precious Metals stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WPM shares.
View WPM analyst ratings or view top-rated stocks.
What is Wheaton Precious Metals' stock price forecast for 2023?: 6 analysts have issued 12 month price objectives for Wheaton Precious Metals' shares. Their WPM share price forecasts range from $38.00 to $68.00. On average, they predict the company's stock price to reach $54.38 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for WPM or view top-rated stocks among Wall Street analysts.
How have WPM shares performed in 2023?: Wheaton Precious Metals' stock was trading at $39.08 on January 1st, 2023. Since then, WPM shares have increased by 23.1% and is now trading at $48.12.
View the best growth stocks for 2023 here.
When is Wheaton Precious Metals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our WPM earnings forecast.
How were Wheaton Precious Metals' earnings last quarter?: Wheaton Precious Metals Corp. (NYSE:WPM) announced its earnings results on Friday, March, 10th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.01. The firm earned $236.05 million during the quarter, compared to analyst estimates of $241.70 million. Wheaton Precious Metals had a net margin of 62.83% and a trailing twelve-month return on equity of 7.76%. Wheaton Precious Metals's quarterly revenue was down 15.1% on a year-over-year basis. During the same quarter last year, the business posted $0.29 earnings per share.
How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?: Wheaton Precious Metals declared a quarterly dividend on Thursday, March 9th. Investors of record on Friday, March 24th will be given a dividend of $0.15 per share on Thursday, April 6th. This represents a $0.60 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, March 23rd.
Read our dividend analysis for WPM.
What ETFs hold Wheaton Precious Metals' stock?: ETFs with the largest weight of Wheaton Precious Metals (NYSE:WPM) stock in their portfolio include Global X Silver Miners ETF (SIL) and Capital Group Growth ETF (CGGR).iShares MSCI ACWI Low Carbon Target ETF (CRBN).

Is Wheaton Precious Metals a good dividend stock?: Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 40.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 43.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WPM.
What other stocks do shareholders of Wheaton Precious Metals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wheaton Precious Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).
What is Wheaton Precious Metals' stock symbol?: Wheaton Precious Metals trades on the New York Stock Exchange (NYSE) under the ticker symbol "WPM."
Who are Wheaton Precious Metals' major shareholders?: Wheaton Precious Metals' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.60%), First Eagle Investment Management LLC (4.48%), Norges Bank (1.38%), Mirae Asset Global Investments Co. Ltd. (1.29%), Vaughan Nelson Investment Management L.P. (1.23%) and Connor Clark & Lunn Investment Management Ltd. (1.02%).
How do I buy shares of Wheaton Precious Metals?: Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Wheaton Precious Metals' stock price today?: One share of WPM stock can currently be purchased for approximately $48.12.
How much money does Wheaton Precious Metals make?: Wheaton Precious Metals (NYSE:WPM) has a market capitalization of $21.77 billion and generates $1.07 billion in revenue each year. The company earns $669.13 million in net income (profit) each year or $1.48 on an earnings per share basis.
How can I contact Wheaton Precious Metals?: Wheaton Precious Metals' mailing address is 1021 WEST HASTINGS STREEET SUITE 3500, VANCOUVER A1, V6E 0C3. The official website for the company is www.wheatonpm.com. The company can be reached via phone at (604) 684-9648, via email at info@silverwheaton.com, or via fax at 604-684-3123.

This page (NYSE:WPM) was last updated on 3/30/2023 by MarketBeat.com Staff

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Wheaton Precious Metals - WPM Stock Forecast, Price & News

Wheaton Precious Metals MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Wheaton Precious Metals (NYSE:WPM) Stock

WPM Stock News Headlines

WPM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

WPM Stock - Frequently Asked Questions

Overall MarketRank^™